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Agreed. DO NOT SELL. If things are heading in the direction they seem to be, I think .10 is just a pit stop on the way to something MUCH bigger. jmo -Butter
A couple people asked me for more info about my post from yesterday (pasted below). I've got a call into my buddy to have him remind me of the name of the company, at least. As I said, it may just be speculation. I will post more when I hear back! -Butter
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One of my trading friends thinks that they may be working on a deal with an automobile company based in India. I guess whatever company it is, is planning on opening a bunch of dealerships on US soil and may have some interest in a certain electric motor patent. I don't know how or where he came up with this, and I personally think if there is a deal in the works, it is something more a long the lines of a merger and probably not related to the electric motor. -Butter
I would like to retract my response to your question. The RSI on this is pretty high (80), so I'm thinking they must have sold shares that didn't exist prior to the r/s.
I guess you should have kept reading. .
One of my trading friends thinks that they may be working on a deal with an automobile company based in India. I guess whatever company it is, is planning on opening a bunch of dealerships on US soil and may have some interest in a certain electric motor patent. I don't know how or where he came up with this, and I personally think if there is a deal in the works, it is something more a long the lines of a merger and probably not related to the electric motor. -Butter
I'm inclined to believe that there is a method to their madness. Either way, we are in this, so it might be to our benefit to stay positive and keep our public statements upbeat and certain. jmo
I do believe that the O/S is 19,937. Didn't the company more or less confirm this in an email? It seems that everything they have said so far has been true, just some things haven't happened as quickly as some would prefer. I know that a while back they said they had "no plans" for a R/S, but as everyone knows, plans change and they did give us about a 3 month heads up when the plan did change. jmo
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Likebutter, do you believe the 0/S is 19,937 or is that a mistake by pinksheets.com? Also, it would be fairly easy for a R/M to be a cash deal if the share structure is truly only 19,937 issued and outstanding. For $10/share a merger candidate could R/M with IHGPD for less then $200K.
Correction to my last message: They could have done a 1 to 1000 rs. .
You might want to put your sell at higher than $1. Everyone is hesitant to believe the low shares available, because a lot of us have been here a long time and have been, at times, complacent. If I remember correctly, Mr. Ofchinick has negotiated mergers in his past, and has been quite successful with his business negotiations and decisions (pre IHGPD). I'm inclined to think that these guys did a reverse split as a strategic way to turn things around for IHGP(D). This also seems hard to believe for the longs. Yates probably only knows the easy way in business and may not have much of a conscience, but I don't think someone with the credentials that Ofchinick has would suddenly be crooked. He probably thrives a lot more off of turning a business into a success. In my opinion, IHGPD has Reverse Merger written all over it. They could have done a 1000 to 1 reverse split and they didn't. This is just my opinion, but should it become true, I think you would kick yourself for selling @ $1. Again, just my opinion.
Announced today, effective tomorrow.
Hopefully this will be followed up by some ask slapping in the a.m.! I think we will see news tomorrow. If a R/M is in the works, we are probably looking at a lot more than .10
Agreed! Spread the word and slap the Ask!
And then some! Loading up some more. .
Does anyone have an L2 screen shot they can post?
Has anyone had any trouble buying on Etrade?
IHGPD is a STRONG BUY on Barchart
http://www.barchart.com/quotes/stocks/IHGPD
Me too. I hope those numbers are accurate.
IHGPD is still a STRONG BUY on Barchart. .
http://www.barchart.com/quotes/stocks/IHGPD
Maybe you should take your own advice. . .
Person Mark for you Seven!
Goood Morning IHGPDers!
If you read candles, this is looking nice. Bullish reversal with a belt hold.
IHGPD up 60%. Low float. News on the way.
IHGPD up 60% @ .008. Low float & news on the way.
Might want to look @ IHGPD. Low float and news on the way.
Thank you! Person mark for you, as well!
I agree! Let let people know about the positive possibilities!
I'm not agreeing that it's accurate. If you have accurate figures, why not post them?
Nice! Seeing some movement.
Seven does.
I plan on loading up some more on this. There won't be another chance to buy @ .005 or even ask price for a looong time.
Let's get the word out, so others can be watching this prior to news. News will most likely be released next week (wed or thur).
Agreed! Let's go IHGPD! Ready for some news!
If you don't like barchart, look at StockTA:
http://www.stockta.com/cgi-bin/analysis.pl?symb=IHGPD&num1=7&cobrand=&mode=stock
Anyone have an L2 snapshot?
I am buying more! This looks like it could be good for a while.
IHGPD is a STRONG BUY on barchart.com
http://www.barchart.com/quotes/stocks/IHGPD
Check it out!
IHGP didn't file that. The document is fabricated.
There is NO Reverse Split here people. The more you buy into the hype, the more you are sabotaging your own investment. imo
The document that was filed has already been verified as not being a RS. Remember someone posted earlier that they called and spoke to someone at sunbiz who had the document in her hand and said it wasn't a reverse split and then asked if she was speaking to Yates. . .